Singapore - Small and medium-sized enterprises (SMEs) in India emerged as the most optimistic in Asia, a survey of Asia- Pacific business confidence said Wednesday.
HSBC's commercial banking unit in Singapore commissioned the biannual survey, regarded as an indicator of economic health.
Fifty-nine per cent of the SME's queried in India expect rapid growth, up from 58 per cent last year, according to findings published in The Straits Times.
South Korea, with only 6 per cent of SME's forecasting positive growth, was the least optimistic.